North Bay Resources Inc (NBRI)

[orefinder]

60 feet to GOLD!

North Bay Resources Inc. (NBRI) Reports Visible Gold in Newly-Discovered South Terrace

Concurrent with the start of the raise construction, a successful attempt was made to reenter drill hole C-2, which penetrated the South Terrace at the lowest elevation and remains open. The goal was to collect a larger sample of the terrace gravels than was collected during drilling. Using a string of one-inch diameter PVC pipe fitted with a 90-degree nozzle at the top and a water fitting at the bottom, the pipe was fed into the drill hole length by length until the top of the basement rocks was reached. Water was then pumped through the pipe, washing sand and gravel back down the hole where 5 pounds of material was collected and recovered. The coarser material was found to include rounded quartz and chert cobbles to 2 inches in diameter, the largest material that could fit in the drill hole and pass by the PVC pipe. The recovered sand and gravel was then carefully panned, and several small pieces of visible gold were found. The gold was elongated and little rounded, indicating that it has not traveled far from its source. Arsenopyrite and small quartz crystals were also abundant in heavy fraction.

Spring time will mean accessing this new gold bearing channel that could be mined for years to come. imo.